Assignment 2 Semester 1 2025
Detailed Solutions, References & Explanations
Unique number: 770920
Due Date: 16 April 2025
QUESTION 1
In South African trust law, trustees are fiduciaries who are required to act in the best interests
of the beneficiaries and in accordance with the trust deed. A key duty imposed on trustees is
the duty to preserve trust assets and to act within the scope of their powers as outlined in the
trust deed. In this case, Lesego and Phumudzo, acting as trustees of the Build Your Own
Home Trust, purchased a back actor (excavator) even though the trust deed does not explicitly
authorise such a transaction.
Terms of use
By making use of this document you agree to:
Use this document as a guide for learning, comparison and reference purpose,
Terms of use
Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
By making use of this document you agree to:
Use this document
Fully accept the consequences
solely as a guide forshould you plagiarise
learning, reference,or and
misuse this document.
comparison purposes,
Ensure originality of your own work, and fully accept the consequences should you plagiarise or misuse this document.
Comply .. with all relevant standards, guidelines, regulations, and legislation governing academic and written work.
Disclaimer
Great care has been taken in the preparation of this document; however, the contents are provided "as is" without any express or
implied representations or warranties. The author accepts no responsibility or liability for any actions taken based on the
information contained within this document. This document is intended solely for comparison, research, and reference purposes.
Reproduction, resale, or transmission of any part of this document, in any form or by any means, is strictly prohibited.